Hero K-12 and BV Acquire SchoolMint

2 min read
Oct 30, 2017 10:26:57 AM

Addition of SchoolMint exemplifies Hero K-12 and BV Investment Partners’ investment strategy, starting with school choice, enrollment, and a goal of helping educators create stronger relationships with families.

Following their initial announcement in June, Hero K-12 and BV Investment Partners today announced SchoolMint will be joining their edtech platform.

The leading provider of cloud-based student enrollment and school choice systems for K-12 district, charter, and independent schools, SchoolMint is a clear example of Hero K-12 and BV’s investment strategy, focusing on applications to improve school operational efficiencies. 

“Our mission in creating the edtech platform was to improve the entire student journey, giving educators and administrators tools to create safer, more connected schools,” said Oliver Wreford, chief strategy officer of the platform.

“SchoolMint stands alone in the market, easing the burden parents and educators face in the school enrollment process, making the experience equitable for all families. SchoolMint’s passion, culture, and unrivaled products have driven its explosive growth and will contribute significantly to the foundation of our platform.” 

SchoolMint focuses on an enrollment solution that starts with family outreach and goes far beyond registration, spanning the students’ lifetime with their school system.

“We see an opportunity to build relationships with families and students that extend beyond the initial enrollment process,” said Jinal Jhaveri, co-founder and CEO of SchoolMint. “Joining the edtech platform enables us to continue our mission, gaining resources to help us scale and reach more families, in more communities, nationwide.” 

Both of the companies in the edtech platform, starting with Hero K-12 and now with SchoolMint, have a shared mission to better help schools connect with families and students.

Hero K-12’s applications support those same families with a focus on positive behavior recognition, and early intervention for students.

“We are excited to collaborate with Jinal and his team given SchoolMint’s unique positioning at the start of the student’s journey,” said Mark MacDonald, CEO of Hero K-12. “Supporting the student’s journey with Hero K-12’s impact on a more positive school culture will be a great benefit to our shared customers.” 

SchoolMint serves several of the nation’s largest school districts, including Chicago Public Schools, Oakland Unified School District, and the Cleveland Metropolitan School District. The combination of SchoolMint and Hero K-12 represents over 8,000 schools and more than two million students.

The market growth opportunities available to the combined companies now extend from enrollment to graduation in districts that include traditional public, charter, and independent schools across the country. Customers who work with SchoolMint and Hero K-12 will benefit from the integrated platform and a broader strategy to share data across their applications.  

SchoolMint is headquartered in San Francisco, CA. Hero K-12 is headquartered in Miami Lakes, FL. Both brands will maintain their strong presence in the marketplace with a combined growth strategy driving the collective platform forward.

About SchoolMint  

SchoolMint provides a cloud-based student enrollment and school choice platform to K-12 school systems worldwide. Since its founding in 2013, close to 6,000 schools have chosen SchoolMint to streamline all aspects of student enrollment — student registration management, application, lottery, and school choice management, and digital forms and document uploads. Available online and on mobile devices, SchoolMint integrates with leading student information systems (SIS) and transforms the end-to-end enrollment experience for school staff and parents. Visit SchoolMint.com to learn more. 

About BV Investment Partners 

BV Investment Partners is currently investing its ninth private equity fund. The firm is one of the oldest and most experienced sector-focused private equity firms in North America. Since its founding in 1983, the firm has invested $3 billion in 90 companies, actively targeting investments in the business services and information technology services industries. For more information, please visit bvlp.com.

Press release on Business Wire can be found here.

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